Motor Vehicles: Insurance

Department for Transport written question – answered on 5th January 2016.

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Photo of Andrew Slaughter Andrew Slaughter Shadow Minister (Justice)

To ask the Secretary of State for Transport, what his policy is on proposals for an independent body to regulate the car insurance industry.

Photo of Andrew Jones Andrew Jones Parliamentary Under-Secretary (Department for Transport)

There are no proposals for a new independent body to regulate the car insurance industry.

Motor insurers are regulated and authorised by the Financial Conduct Authority and the Prudential Regulation Authority.

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